Fayemi announces settlement of N31bn inherited debt

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The Ekiti state government says it has paid inherited debts of 31 billion naira since assuming office.

Governor Fayemi made this disclosure at the state address at the state House of Assembly as part of activities marking the first year in office.

The governor assured civil servants that salary arrears owed them by the last administration will be paid.

“Our focus now is how to gradually offset the remaining backlogs of salaries, pensions, subvention arrears and contractual debts. To the civil servants, I want to restate again that your arrears are not bad debts.” Fayemi stated.

The governor insists that critics have been proved wrong with the administration’s job creation drive as against the rumours that he was coming back to sack workers.

He also highlighted milestones recorded in his first year in office in the areas of agricultural development; international partnerships and industrial growth which will see the state dairy farm produce nine thousand litres of milk daily.

Fayemi announced that “moribund Ikun dairy farm is coming back to life with plans to produce nine thousand litres of milk daily over the next two years. Over the next one year we expect that there will be at least two major cassava processing plants and two major rice mills assembled in Ekiti .”




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